Cheng Wei, founder and CEO of Didi Chuxing, announces the launch of the Didi Auto Alliance in Beijing on April 24, 2018. Photo: Handout

China’s Didi Chuxing discloses US$585m loss in first half amid safety crisis as founder tells staff ‘we’re not evil’

The voluntary disclosure offers a rare glimpse into the financial state of the privately held firm as it tries to shore up public confidence following the deaths of two female passengers

Topic |   Didi Chuxing

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Cheng Wei, founder and CEO of Didi Chuxing, announces the launch of the Didi Auto Alliance in Beijing on April 24, 2018. Photo: Handout
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